2/41 O'Connell Street, Barney Point QLD 4680

Discover the perfect addition to your investment portfolio with this charming low set brick unit, ideally located at 2/41 O'Connell Street, Barney Point. This delightful property presents a low maintenance and low-risk opportunity for savvy investors or an excellent choice for first-time buyers eager to enter the property market.

- The heart of the home is open plan design with kitchen, dining, and living area, positioned for ease of living and comfort.

- The solid build offers two well-sized bedrooms and one bathroom, catering to the needs of small families or professional couples.

- For convenience, there is a separate laundry room with direct access to the courtyard.
- The outside space does not disappoint with a spacious undercover carport accompanied by a handy storage shed – perfect for keeping your belongings safe and secure.

- Location is paramount, and this unit doesn't disappoint; it sits directly opposite the Yaralla Sports Club, offering a plethora of recreational activities right on your doorstep.

- Furthermore, the Toolooa Street Shopping Complex is a mere three-minute stroll away, hosting essential amenities including a Post Office, Chemist, Coffee Shops, and an assortment of boutique stores.

In summary, this property offers:
- Rental Yield: 7.09% – a strong return for investors
- An unbeatable location opposite Yaralla Sports Club
- A robust 1970 block brick construction
- Two comfortable bedrooms and a well-appointed bathroom
- Open plan living with a practical kitchen and dining area
- Air conditioning for year-round comfort
- Convenient separate laundry
- Generous undercover carport with additional storage space
- Growing Job Market in renewable energy and hydrogen projects driving employment in Gladstone
- Economic Growth with Fortescue Future Industries' hydrogen facilities and Aldoga Solar Farm boosting the local economy
- Location Advantage. Close to industrial and development hubs ensuring tenant demand

Seize the opportunity to secure this property, where convenience meets simplicity, promising a solid investment or an ideal start for those looking to own their first home.

Important Information:
- Year Built - 1970
- Council Rates - $3,100 approx per annum
- Body Corporate Levies - $3,860 approx per annum
- Current rent is $300 per week and lease term expiring 27/04/2025.
- Last known rental price change 03/05/2024

* Please note a minimum of 24hrs' notice is required for all inspections as the property is currently tenanted.

* Images have been edited to remove tenant belongings to protect their privacy.

**Please note the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**